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Summit for Democracy

Part of: Prelims and GS-II – International relations; Democracy

Context Summit for Democracy was recently convened by the U.S. President Joe Biden.

Key highlights

India emphasised that the world must also jointly shape global norms for emerging technologies like social media and cryptocurrencies.
USA president announced the establishment of the Presidential Initiative for Democratic Renewal.
- Under this, the administration plans to provide $424.4 million to support free media, fight corruption, strengthen democratic reforms, for the use of technology.

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